Actually I’ve been to a few home auctions and was very surprised to see very few people there bidding. Out of say 100 houses that went up for sale, maybe 40 were bid on and of those 40 I saw competitive bidding on maybe 2. I should probably note that the people there bidding were actually there representing other interests(i.e. they were there to bid ,that was there job,they were constantly on there cell phones conferring with the boss .
